NOT LISTED FOR SALE

5240 SW 97th Ave Miami, FL 33165

Olympia Heights Neighborhood

Estimated Value: $703,000 - $883,000

5 Beds
3 Baths
3,241 Sq Ft
$242/Sq Ft Est. Value

Last Sold December 17, 2021

Last sale price $450,000 $139 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $5,062/month

145 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • East Facing Home
  • Tropical Elementary School Rated 9+
  • Central Heating and Cooling System

About This Home

As of December 2021

Single-family home in high demand market. Publix, shopping, restaurants, elementary and middle schools are all walking distance. House needs a little TLC. But the value of this house could be over $630,000. This house won’t last, priced to sell fast! CASH ONLY.

Last Agent to Sell the Property

Giuli Kunzle

My City Realty, Inc. License #3448024 Listed on: 07/15/2021

Last Buyer's Agent

Richard Barthelemy

United Dream Real Estate License #3457717

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,460

Year Built

  • Built in 1953

Lot Details

  • 9,375 Sq Ft Lot
  • East Facing Home
  • Property is zoned 0100

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,241 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Schools

  • Tropical Elementary School
  • Glades Middle School
  • Southwest Miami High School

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Tropical Estates 1St Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 30-40-20-005-1060

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,460

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1953
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Detached, One Story
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: TROPICAL ESTATES 1ST ADDN
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Other Equipment/Appliances
  • Interior Amenities: Other, No Additional Rooms
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 3241
  • Possible Use: Unknown/Withheld
  • Bedroom Features: None
  • Living Room Features: No Additional Rooms

Exterior Features

  • Roof: Shingle
  • View: None
  • Exterior Features: None
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: TROPICAL ESTATES 1ST ADDN
  • Parking Features: None

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Tropical
  • High School: Southwest Miami
  • Middle Or Junior School: Glades

Lot Info

  • Parcel Number: 30-40-20-005-1060
  • Lot Size Sq Ft: 9375
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3460

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2021
Closed on
Dec 17, 2021
Sold by
Bb Bm Properties Llc
Bought by
Rcjb Properties Inc
Seller's Agent
Giuli Kunzle
My City Realty, Inc.
Buyer's Agent
Richard Barthelemy
United Dream Real Estate
Sold Price
$450,000
Current Estimated Value
$785,597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$335,597
Avg. Annual Appreciation
16.92%
Original Mortgage
$594,000
Interest Rate
3.11%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 12, 2009
Sold by
Garcia Virgilio T and Garcia Ana D
Bought by
Garcia Virgilio T

Purchase Details

Closed on
Apr 17, 1996
Sold by
Salazar Dulce
Bought by
Garcia Virgilio T and Garcia Ana D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
7.36%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rcjb Properties Inc $450,000 Title Team
Rcjb Properties Inc $450,000 Title Team
Garcia Virgilio T -- None Available
Garcia Virgilio T $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rcjb Properties Inc $130,000
Closed Rcjb Properties Inc $610,750
Closed Rcjb Properties Inc $100,000
Closed Rcjb Properties Inc $120,000
Closed Rcjb Properties Inc $594,000
Previous Owner Garcia Ana Dalia $300,000
Previous Owner Garcia Ana Dalla $40,819
Previous Owner Garcia Virgilio T $705,000
Previous Owner Garcia Ana D $105,000
Previous Owner Garcia Virgilio T $190,000
Previous Owner Garcia Virgilio T $130,766
Previous Owner Garcia Virgilio T $133,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2021 12/17/21 Sold $450,000 -6.1% $139 / Sq Ft
12/07/2021 12/07/21 Pending -- -- --
11/22/2021 11/22/21 For Sale -- -- --
10/20/2021 10/20/21 Pending -- -- --
08/09/2021 08/09/21 Price Changed $479,000 -4.0% $148 / Sq Ft
07/15/2021 07/15/21 For Sale $499,000 -- $154 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,515 $567,087 -- --
2024 $9,512 $515,534 -- --
2023 $9,512 $468,668 $0 $0
2022 $7,820 $426,062 $202,500 $223,562
2021 $3,503 $238,183 $0 $0
2020 $3,460 $234,895 $0 $0
2019 $3,375 $229,614 $0 $0
2018 $3,204 $225,333 $0 $0
2017 $3,161 $220,699 $0 $0
2016 $3,619 $216,160 $0 $0
2015 $6,218 $314,942 $0 $0
2014 -- $169,749 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2021

    Giuli Kunzle

    My City Realty, Inc.

    Section Image
  • Richard Barthelemy

    Buyer's Agent in 2021

    Richard Barthelemy

    United Dream Real Estate

    (305) 746-9099

    1 in this area

    21 Total Sales

    Richard Barthelemy
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11071398

MIAMI REALTORS® MLS

APN: 30-4020-005-1060

Florida Miami/Dade County Miami 33165 Olympia Heights

5240 SW 97th Ave, Miami, FL

This home is located at 5240 SW 97th Ave, Miami, FL 33165 since 15 July 2021 and is currently estimated at $785,597, approximately $242 per square foot. This property was built in 1953. 5240 SW 97th Ave is a home located in Miami-Dade County with nearby schools including Tropical Elementary School, Riviera Middle School, and Southwest Miami Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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